22, PARKLAND ROAD, WOODFORD GREEN, IG8 9AP - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 PARKLAND ROAD is a very small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £500,000 in October 2013, which was around 15% below the average October 2013 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

22 PARKLAND ROAD Sold Prices

Land registry data shows four sales for 22 PARKLAND ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the four 22 PARKLAND ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 17 OCT	£500,000	£587,567	15% below HPI
2008 4 APR	£454,000	£545,963	17% below HPI
2003 21 AUG	£319,000	£424,411	25% below HPI
1996 31 MAY	£112,500	£157,783	29% below HPI

22 PARKLAND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The four 22 PARKLAND ROAD sales between May 1996 and October 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 22 PARKLAND ROAD?

22 PARKLAND ROAD is 99m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Woodford, based on EPC data. The below chart shows the distribution of detached houses by size in Woodford, and where 22 PARKLAND ROAD lies on this distribution: 11% of detached houses are smaller than 22 PARKLAND ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Woodford.

22 PARKLAND ROAD: Plot and Title Map

22 PARKLAND ROAD sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 22 PARKLAND ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 PARKLAND ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 PARKLAND ROAD?

22 PARKLAND ROAD is located in WOODFORD GREEN, in the IG8 postcode district. The below map shows the position of No. 22 on PARKLAND ROAD.